letter ruling
letter ruling n: a ruling (as of a court or administrative agency) that is made in a letter (as an opinion or determination letter); also: determination letter at letter 1

Merriam-Webster’s Dictionary of Law. . 1996.

letter ruling
n. An advisory statement issued by the Internal Revenue Service to a taxpayer asking about the tax consequences of a proposed transaction.

Webster's New World Law Dictionary. . 2000.


letter ruling
In tax law a written interpretation of certain provisions of federal statutes by the Office of the Assistant Commissioner of the Internal Revenue Service.

Dictionary from West's Encyclopedia of American Law. 2005.


letter ruling
In tax law a written interpretation of certain provisions of federal statutes by the Office of the Assistant Commissioner of the Internal Revenue Service.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • letter ruling — a written ruling sent by the U.S. Internal Revenue Service in response to a query concerning the application of the tax laws to a specific situation. * * * …   Universalium

  • letter ruling — A written statement which is issued to a taxpayer by Office of Assistant Commissioner of I.R.S. in which interpretations of tax laws are made and applied to a specific set of facts. Tax Analysts and Advocates v. Internal Revenue Service, D.C.D.C …   Black's law dictionary

  • letter ruling — A written statement which is issued to a taxpayer by Office of Assistant Commissioner of I.R.S. in which interpretations of tax laws are made and applied to a specific set of facts. Tax Analysts and Advocates v. Internal Revenue Service, D.C.D.C …   Black's law dictionary

  • letter ruling — a written ruling sent by the U.S. Internal Revenue Service in response to a query concerning the application of the tax laws to a specific situation …   Useful english dictionary

  • Private Letter Ruling - PLR — An interpretation of statute or administrative rules and their application to a particular set of facts or circumstances. The private letter ruling addresses unusual or complex questions pertaining to a particular taxpayer and his or her tax… …   Investment dictionary

  • Private letter ruling — Private letter rulings are written decisions by the Internal Revenue Service in response to taxpayer requests for guidance. A private letter ruling binds only the IRS and the requesting taxpayer. Thus, a private ruling may not be cited or relied… …   Wikipedia

  • private letter ruling — n: a letter from the Internal Revenue Service to an individual taxpayer setting out the agency s interpretation of the tax rules relating to a specific situation or transaction proposed by the taxpayer Merriam Webster’s Dictionary of Law. Merriam …   Law dictionary

  • private letter ruling — A ruling by the IRS in response to a request for interpretation of a tax law. Bloomberg Financial Dictionary …   Financial and business terms

  • ruling letter — see letter 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • letter — let·ter n 1: a direct written statement addressed to an individual or organization; broadly: an official communication see also counterletter determination letter: a letter from an administrative agency (as the Internal Revenue Service) usu. in… …   Law dictionary

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